PMT is an annuity see this:
http://groups.google.com/group/micro...5a9758c3 034f
Mujeeb wrote:
Even I have obtained the result by using the function PMT. But I still
consfuse that how PMT function works, what is its background / machanizm.
When we give parameters in this function, how this function manipulate the
parameters and give us result?
Also how can find any function's background / machanizm in excel help?